Analysis-Tesla’s Musk may add to SEC ire with late report about Twitter stake

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Reuters

By Hyunjoo Jin and Chris Prentice SAN FRANCISCO/NEW YORK (Reuters) – Did Elon Musk break securities laws again? Former securities officials and professors said Musk may have missed a key disclosure deadline when he bought 9% of Twitter. And Securities and Exchange Commission regulators could use any shortfall to try to punish Musk more for other lapses, some believe. Musk on Monday disclosed that he bought a 9.2% stake in Twitter Inc, making him the micro-blogging site’s largest shareholder and triggering a rise of more than 27% in the company’s shares https://www.reuters.com/technology/musk-d…

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